Market Overview: Bitcoin December closed with a bear reversal bar candlestick, marking the end of a pivotal year and opening a fresh chapter in Bitcoin’s journey. In our November analysis, we anticipated Bitcoin gravitating around the $100,000 level, which is currently a critical resistance level. In our special edition of December’s report, we discussed how […]
Crude Oil Breakout from Tight Trading Range
Market Overview: Crude Oil Futures Crude Oil breakout from the tight trading range on the weekly chart. The bulls want a measured move based on the height of the tight trading range which will take them near the July high. The bears want the market to form a lower high and the top of the […]
Monthly Emini Bear Bar
Market Overview: S&P 500 Emini Futures The market formed a monthly Emini bear bar in December. The bears must create consecutive bear bars (something they haven’t been able to do since Oct 2023) to show they are back in control. The bulls They want the pullback to have poor follow-through selling. S&P500 Emini futures The […]
Nifty 50 Bear Channel
Market Overview: Nifty 50 Futures Nifty 50 Bear Channel on the monthly chart. This month, the market formed a bearish bar that closed near its low, with a long upper tail. It is trading within a bearish channel after reaching the measured move target of the wedge top overshoot. On the weekly chart, the market […]
Nasdaq 100 December 2024 Is Bad Sell Signal Bar
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures month December 2024 is bad sell signal bar – a bear doji reversal bar with a long tail above. November was the all-time high close of the year. The week is a short trading week. It is a bear doji buy signal bar with a […]
Emini Failed Breakout below December Low
Trading Update: Friday January 3, 2025 Emini end of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Richard created the SP500 Emini chart – Al travelling. Here are reasonable stop entry […]
Emini Bulls Want Double Bottom
Trading Update: Thursday January 2, 2025 Emini end of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini chart. Here are reasonable stop entry setups from yesterday. […]
Emini Bears Disappointed with 2nd Leg
Trading Update: Tuesday December 31, 2024 Emini end of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. […]
Emini 2nd Leg Down after December 18th Breakout
Trading Update: Monday December 30, 2024 Emini end of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Friday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from Friday. […]
Bitcoin 2024: the year of institutional adoption
Special end-of-year edition Welcome to this special end-of-year edition of our weekly price action Bitcoin report. As always, we’ll be diving into the charts to analyze the latest market movements and uncover actionable insights for price action traders. However, before we jump into the technical analysis, I wanted to take a moment to share some […]
